manuagarwal21

DABUR - Time to Bounce

Long
NSE:DABUR   DABUR INDIA LTD
The Trendline breakout has been seen on the dabur intra charts and the said breakout is followed by the trendline retest.

The Trendline which was earlier working as resistance are now supposed to be working as support.

The said trenline support is aligned with the harmonic cypher pattern support@ 460 levels.

This is small risk trade with a stop at 452 levels, with a initial target of 475 and 490 levels.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.